JSPL posts 12% QoQ rise in sales volume for Q1FY21
The company's export sales contributed to 58 per cent of total sales volume during this period.
Kolkata: Jindal Steel & Power Limited (JSPL) reported a 12 per cent (QoQ) growth in sales volumes and 8 per cent (QoQ) rise in standalone steel (including pig iron) production during Q1FY21.
The company's export sales contributed to 58 per cent of total sales volume during this period. JSPL's consolidated sales went up by 7 per cent (QoQ) during Q1 FY21.
"In last 100 days, JSPL exported more than one million tonne. This was possible with the consistent support of Indian Railways, port authorities and a slew of pro-industry measures taken by Ministry of Steel to reboot the economy,” V R Sharma, managing director, JSPL said.
“We believe in Indian growth story and continue to work to fulfil the dream of making India “Aatmanirbhar” by import substitution of value-added steel products catering to requirements of Indian Railways, defense, shipbuilding, oil & gas and other sectors,” Sharma added.
The company's export sales contributed to 58 per cent of total sales volume during this period. JSPL's consolidated sales went up by 7 per cent (QoQ) during Q1 FY21.
"In last 100 days, JSPL exported more than one million tonne. This was possible with the consistent support of Indian Railways, port authorities and a slew of pro-industry measures taken by Ministry of Steel to reboot the economy,” V R Sharma, managing director, JSPL said.
“We believe in Indian growth story and continue to work to fulfil the dream of making India “Aatmanirbhar” by import substitution of value-added steel products catering to requirements of Indian Railways, defense, shipbuilding, oil & gas and other sectors,” Sharma added.